The Oyo State Government Tuesday evening confirmed what it described as “an uncommon explosion” which rocked some parts of Ibadan around 8 p.m. The state’s Commissioner for Information and Orientation, Prince Dotun Oyelade, gave the confirmation in a statement. He…
…As headline inflation hits 28.92% …Stears predicts 31.85% annual inflation, recommends dollar illiquidity to tackle inflation By Sodiq Adelakun, Lagos and Mathew Denis, Abuja Inflation in Nigeria continued to rise for the twelfth consecutive month in December, 2023 with the…
Mr Babajide Sanwo-Olu, Governor of Lagos State has signed the 2024 Appropriation Bill into law on Monday. The Governor signed the budget at a brief ceremony attended by the Deputy Governor, Dr. Obafemi Hamzat, Lagos State Speaker of the House…
Operatives of the Lagos Zonal Command of the Economic and Financial Crimes Commission, EFCC, have arrested a former Minister of Commerce and Industry, Charles Chukwuemeka Ugwuh, for an alleged conspiracy and fraud to the tune of N3.6bn. Ugwuh was arrested…
…As Atiku blames poverty, hunger for increased security threats Abductors holding six females in Abuja have killed three hostages on Monday following the failure of the family to pay the ransom of Sixty million naira demanded. On January 5, gunmen…
The Nigerian National Petroleum Company Limited (NNPC) has called for private companies to handle the operation and maintenance of its Port Harcourt refinery in Rivers State. The NNPC Limited disclosed this on Monday in a post on X (formerly Twitter).…
…As Police sue for peace, initiate plans to end banditry attacks …Pantami’s ally pays ransom for release of Nabeejah, siblings Investigations by Nigerian NewsDirect have revealed that civil society groups and Nigerians angered by the rising insecurity are gearing up…
By Sodiq Adelakun Socio-Economic Rights and Accountability Project (SERAP) has called on the Senate President, Godswill Akpabio, and the Speaker of the House of Representatives, Tajudeen Abbas, to reduce the 2024 National Assembly budget of N344.85 billion. In a statement…
Vice President, Senator Kashim Shettima has been nominated by President Bola Ahmed Tinubu to lead the country’s delegation to attend the 2024 annual meeting of the World Economic Forum scheduled to hold in Davos, Switzerland. The VP will join other…
Foreign airlines operating in Nigeria have expressed dissatisfaction with the initial $61 million payment made by the federal government to address the $800 million in revenue owed to international carriers stuck in the country. The airlines described the amount as…
